2000 Presidential Election: Indecision Impact
Nov 7th – Election Day
Dec 13th – Gore speech accepting Bush victory
5-week+ process…
1) Market (S&P) down nearly ~5.7% in the 4 days following No Decision after Nov 7th Election
2) Market down over -8% ~3-weeks later
3) By the time Gore accepts defeat (Dec 13th), market down -5%